Sold
Last Sold Price
3,445 sqft
1525 SE Boulevard Rd, Olympia, WA 98501
Multi FamilyProperty Type
0.58 acresLot Size
1941Year Built
$67/sq ftPrice per sq ft
4 carsParking Spaces

Description

Multi-Plex in Boulevard Area! 5 units with work shop building. All units being sold strictly AS IS. Potential owner terms.Multi-Plex in Boulevard Area! 5 units with work shop building. All units being sold strictly AS IS. Potential owner terms.
  • Listed by: Mark Gillispie 360.786.9473 Mark@WiseRealtyInc.com • Wise Realty Inc.
Listing closed: 07/31/2007 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 27092040

Recent comparable sales

Median sold price

$155,000

Olympia, WA

9 comparable properties found

1

$185,000

Sold 06/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
970
Square Feet
0.16
Acres
2

$180,000

Sold 02/06/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.63
Acres
3

$155,000

Sold 08/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.16
Acres
4

$150,000

Sold 05/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
5

$820,000

Sold 11/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,195
Square Feet
Unavailable
Acres
6

$495,000

Sold 05/22/26

Unavailable
Bedrooms
Unavailable
Bathrooms
3,724
Square Feet
Unavailable
Acres
7

$89,000

Sold 07/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,660
Square Feet
0.06
Acres
8

$70,000

Sold 01/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.18
Acres
9

$99,000

Sold 09/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.22
Acres

Location

Listing Courtesy of Wise Realty Inc.

Sold By Wise Realty Inc.

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Property Information for 1525 Southeast Boulevard Road

Property Details
  • Taxes: $1,739 / year
  • MLS Type: Residential Income
  • Community Name: Olympia
  • School District: Olympia
  • View: Territorial
  • Number of Assigned Spaces: 4
  • Total Covered Parking: 0
  • Entry Date: 05-23-2007
  • Sewer: Available, Septic Tank
Building Information
  • Stories: 1
  • Residences: 5
  • Year Built: 1941
  • Lot Size: 0.58 AC / 25,265 SF
Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 448 - Olympia South
  • Elementary School: Madison Elem
  • Middle Or Junior School: Reeves Mid
  • High School: Olympia High
  • Directions: turn off Pacific onto Boulevard going south, over I-5 property on right past 15th Ave
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2007
  • Legal Description: Section 24 Township 18 Range 2w Plat Eastside Add Bla051365ol Blk 4 Tr B Document 3773953
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Bedroom Information
  • Bedrooms Possible: 0
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Forced Air, Wall to Wall Carpet
  • Fireplace: No
Exterior Features
  • Exterior: Metal/Vinyl, Wood
  • Roof: Composition, Metal
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 100
  • Power Company: Puget Sound Energy
  • Water Company: City of Olympia
  • Power Production Type: Natural Gas
  • Utilities: Septic System, Natural Gas Connected
Property and Assessments
  • Foundation: Post & Pillar
  • Zoning Class: Multi-Family
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: No
  • Special Listing Conditions: None
  • Photos Count: 1
Lot Information
  • Parcel Number Free Text: 45600400800
  • Building Condition: Fixer
  • Calculated Square Footage: 3445
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3445.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 5000
  • Gross Adjusted Income: 23998
  • Gross Rent Multiplier: 9
  • Gross Scheduled Income: $24,000
  • Insurance Expense: $800
  • Net Operating Income: $18,998
  • Other Expenses: $2,361
  • Total Monthly Income: 2000
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2301.0
  • Leasable Area Units: Square Feet

Property History for 1525 Southeast Boulevard Road

DateEvent & SourcePriceAppreciation
Jul 31, 2007

Sold

NWMLS #27092040

$230,100
Jul 18, 2007

Pending

NWMLS #27092040

May 23, 2007

Listed (Active)

NWMLS #27092040

$230,000
DateEvent & SourcePrice
07/31/2007

Sold

NWMLS #27092040

$230,100
07/18/2007

Pending

NWMLS #27092040

05/23/2007

Listed (Active)

NWMLS #27092040

$230,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1525 Southeast Boulevard Road

This home is within Olympia School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Madison Elementary School
PublicPK to 5

Reeves Middle School
Public6 to 8

Avanti High School
Public9 to 12

Olympia High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1525 Southeast Boulevard Road, Olympia, WA 98501
$230,100
3,445
25,265
$70,000
2,779
25,097
$70,000
3.25
2,229
25,097
$18,000
109,335
$350,000
1
1,078
10,205
$349,000
3
2,545
19,200

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Wise Realty Inc.

Based on information submitted to the MLS GRID as of 09/05/2024 05:13 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.